The finance department at a medical corporation wants to predict the average salary of physicians based on

Question:

The finance department at a medical corporation wants to predict the average salary of physicians based on the number of medical operations they have performed during their years of service. Data on salaries and the number of medical operations performed were collected for a sample of physicians.

a) Which variable is the explanatory (or predictor) variable?

b) Which variable is the response variable?

c) Which variable would you plot on the y axis?

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics

ISBN: 9781292269313

4th Global Edition

Authors: Norean Sharpe, Richard De Veaux, Paul Velleman

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